8/08/2012

For Those of You Who Think Canada's Healthcare System is the Envy of the Rest of the World.. Think Again...



From The Vancouver Sun:

 "The key to boosting productivity in Canada may come from an often overlooked but seemingly logical source – health care.

So says a study released this morning by the Fraser Institute, which estimated that last year Canada lost $1.08-billion in business-day economic activity due to excessive wait times at hospitals and time gaps between visits to specialists and receipt of treatment.

Long waits in emergency rooms and forcing Canadians to take time out their work days to visit multiple doctors has a cumulative effect not only on the quality of their care but on the overall productivity of the workforce, says the report.

The study estimates that when factoring non-work time, the Canadian economy loses out on an about $3.29-billion in productivity – a number that does not take into account the residual productivity losses associated with the energy and time family members may need to provide to loved ones who are not receiving efficient care."

Read more: http://www.vancouversun.com/business/productiveconversations/Sick+health+care+system+made+Canadians+lose+more+than/7023115/story.html#ixzz22xRAabEQ

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